If Louisa's Craft Supply Store Uses Odd-Even Psychological Pricing, Then

question 126

Short Answer

If Louisa's Craft Supply Store uses odd-even psychological pricing, then it would likely price its yarn at
$4.50 per ball.
$4 per ball.
$5 per ball.
$4.95 per ball.
$6 per ball.

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Definitions:

Beet Fiber

A byproduct of sugar beet processing that is used as a dietary fiber supplement or in the production of biodegradable products.

Refined Sugar

Sugar that has been processed to remove impurities and achieve a desired level of purity.

Intermediate Products

Goods that are produced by one company to be further processed by another company into final products.

Split-off Point

The stage in a production process where joint products can be recognized as distinct products, each capable of being sold or processed further independently.